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| TIDM | RICA |
| Share Price | 292.74p-0.85% |
| Market Cap | £837.61m |
The Board of Ruffer Investment Company Limited has agreed revised management fee terms with its Investment Manager, Ruffer LLP. Effective 1 January 2027, the annual management fee will be 1% of the lower of the Company's market capitalisation and its net assets, calculated monthly. This new structure replaces the previous annual management fee of 1% of net assets.
| Date | 11 Sept 2026 |
| Time | 07:00:04 |
| Category | Miscellaneous |
| ID | 3112U |
RUFFER INVESTMENT COMPANY LIMITED
(a closed-ended investment company incorporated in Guernsey with registration number 41966)
(the "Company")
Management Fee Revision
The Board of RICL announces that, following a review of the Company's fee arrangements, it has agreed revised terms with the Company's Investment Manager, Ruffer LLP.
With effect from 1 January 2027, the Investment Manager will be entitled to an annual management fee of 1% of the lower of the Company's market capitalisation and its net assets, calculated on a monthly basis. This replaces the current annual management fee of 1% of net assets.
The revised structure creates greater alignment between the Company and the Investment Manager, and reflects the Board's continued focus on delivering value for shareholders.
Enquiries:
Aztec Financial Services (Guernsey) Limited
Company Secretary
Lewis Germain
DDI: +44 (0) 1481 749700
Email: [email protected]
Investec Bank plc
Broker
David Yovichic
DDI: +44 (0) 20 7597 4952
Email: [email protected]
LEI 21380068AHZKY7MKNO47